Intel surges, Starbucks cools off, Equinix CEO departs

Intel (INTC): Shares surging higher in early trading, up 7%. The chipmaker beat on earnings and offered 2018 profit and revenue guidance that topped expectations, as well as upped its dividend by 10%. Intel said strong data center sales lifted results.

Equinix (EQIX): Shares of the data center REIT dropping off in early trading, down around 1%. In a shock to Silicon Valley, CEO Steve Smith resigned Thursday night, after what the company called “poor judgment with respect to an employee matter.” Smith had been with the company for 11 years.

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